Global Partners Declares Second-Quarter 2024 Cash Distribution of $0.7200 on Common Units
24 Julho 2024 - 9:30AM
Business Wire
Global Partners LP (NYSE: GLP) (the “Partnership”) today
announced that the Board of Directors of its general partner,
Global GP LLC, has declared a cash distribution of $0.7200 per unit
($2.88 per unit on an annualized basis) on all of its outstanding
common units from April 1, 2024 through June 30, 2024. The
distribution will be paid on August 14, 2024 to unitholders of
record as of the close of business on August 8, 2024.
Non-U.S. Withholding Information
Concurrent with this announcement we are providing qualified
notice to brokers and nominees that hold Global Partners LP units
on behalf of non-U.S. investors under Treasury Regulation Section
1.1446-4(b) and (d) and Treasury Regulation Section
1.1446(f)-4(c)(2)(iii). Brokers and nominees should treat one
hundred percent (100%) of Global Partners LP’s distributions to
non-U.S. investors as being attributable to income that is
effectively connected with a United States trade or business. In
addition, brokers and nominees should treat one hundred percent
(100%) of the distributions as being in excess of cumulative net
income for purposes of determining the amount to withhold.
Accordingly, Global Partners LP’s distributions to non-U.S.
investors are subject to federal income tax withholding at a rate
equal to the highest applicable effective tax rate plus ten percent
(10%). Nominees, and not Global Partners LP, are treated as the
withholding agents responsible for withholding on the distributions
received by them on behalf of non-U.S. investors.
About Global Partners LP
Building on a legacy that began more than 90 years ago, Global
Partners has evolved into a Fortune 500 company and
industry-leading integrated owner, supplier, and operator of liquid
energy terminals, fueling locations, and guest-focused retail
experiences. Global operates or maintains dedicated storage at 53
liquid energy terminals—with connectivity to strategic rail,
pipeline, and marine assets—spanning from Maine to Florida and into
the U.S. Gulf States. Through this extensive network, the company
distributes gasoline, distillates, residual oil, and renewable
fuels to wholesalers, retailers, and commercial customers. In
addition, Global owns, supplies, and operates more than 1,700
retail locations across 12 Northeast states, the Mid-Atlantic, and
Texas, providing the fuels people need to keep them on the go at
their unique guest-focused convenience destinations. Recognized as
one of Fortune’s Most Admired Companies, Global Partners is
embracing progress and diversifying to meet the needs of the energy
transition.
Global, a master limited partnership, trades on the New York
Stock Exchange under the ticker symbol “GLP.” For additional
information, visit www.globalp.com.
Forward-looking Statements
Certain statements and information in this press release may
constitute “forward-looking statements.” The words “believe,”
“expect,” “anticipate,” “plan,” “intend,” “foresee,” “should,”
“would,” “could” or other similar expressions are intended to
identify forward-looking statements, which are generally not
historical in nature, although not all forward-looking statements
contain such identifying words. These forward-looking statements
are based on Global’s current expectations and beliefs concerning
future developments and their potential effect on the Partnership.
While management believes that these forward-looking statements are
reasonable as and when made, there can be no assurance that future
developments affecting the Partnership will be those that it
anticipates. Forward-looking statements involve significant risks
and uncertainties (some of which are beyond the Partnership’s
control) including, without limitation, uncertainty around the
timing of an economic recovery in the United States which will
impact the demand for the products we sell and the services that we
provide, and assumptions that could cause actual results to differ
materially from the Partnership’s historical experience and present
expectations or projections. We believe these assumptions are
reasonable given currently available information. Our assumptions
and future performance are subject to a wide range of business
risks, uncertainties and factors, which are described in our
filings with the Securities and Exchange Commission (SEC).
For additional information regarding known material factors that
could cause actual results to differ from the Partnership’s
projected results, please see Global’s filings with the SEC,
including its Annual Report on Form 10-K, Quarterly Reports on Form
10-Q and Current Reports on Form 8-K.
Readers are cautioned not to place undue reliance on
forward-looking statements, which speak only as of the date hereof.
Global undertakes no obligation to publicly update or revise any
forward-looking statements after the date they are made, whether as
a result of new information, future events or otherwise.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20240724622903/en/
Gregory B. Hanson Chief Financial Officer Global Partners LP
(781) 894-8800
Sean T. Geary Chief Legal Officer and Secretary Global Partners
LP (781) 894-8800
Global Partners (NYSE:GLP)
Gráfico Histórico do Ativo
De Out 2024 até Nov 2024
Global Partners (NYSE:GLP)
Gráfico Histórico do Ativo
De Nov 2023 até Nov 2024